Sunday, May 3

Business

The European Union has placed tighter trade restrictions on Chinese companies that it claims are supporting Russia, the European Council said in a press release on Friday.

In a recent development that highlights Egypt’s ongoing economic challenges, the Ministry of Education has issued a directive prohibiting the collection of tuition fees in foreign currencies for Egyptian students in private and international schools amid a severe economic crisis and the scarcity of foreign currencies in the country. However, some private and international schools continue to demand payments in US dollars.

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